3488 days ago
I established without doubt on Sunday that the Quindell RNS regarding the issue of 18 million shares on September 2nd 2013 was a great big fat whopping lie told by the company led by Rob Terry. This now begs the question about the issue of a further issue of 9.178808 million shares on October 21 2013. Just to whom were they issued and why? This is exactly the sort of issue my lawyers are dying to get into under the disclosure process if the Quindell bitchez ever get around to suing me for libel.
I start on 2 September 2013 when Quindell – at this point desperately short of cash – issued an announcement regarding Quindell Property Services which reads:
3605 days ago
I am busy gemming up on Quindell Property Services (QPS) ahead of the AGM of Quindell (QPP) which I am going to next week. I expect to be lynched by Bulletin Board Morons and will update my will over the weekend. I am sorry to be a pedant and you may regard this as trivial but there appear to be some jolly interesting things about this deal. This may take several articles to explain fully but let’s start with what is the bulk of QPS, that is the 360globalnet business, 360GN.
The first we hear about this is on 28 February 2012 when Quindell announces in an RNS that it has increased its stake in a business where it was a co-founder from 3% to 19% by handing over £900,000 in cash and £1,250,000 in shares (16,666,667 shares at 7.5p) so £2,150,000 in total.
3620 days ago
Once again I return to the issue of shares issued for Quindell Property Services – the company bought by Quindell (QPP) on May 3rd 2013. I have already flagged up serious apparent anomalies with the shares issued for this deal which Quindell has declined to clarify – see HERE. But there is more.
